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Steel, Aluminum, Lumber, Solar: Trump's Stealth Trade Protection

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  • Chad P. Bown

    (Peterson Institute for International Economics)

Abstract

The Trump administration has quickly adopted an aggressive and antagonistic approach to using US trade laws as a protectionist tool. The effect on trade relations may not be as immediately disruptive as if Trump had followed through on campaign threats to pull the United States out of the North American Free Trade Agreement or impose 45 percent tariffs on China. However, the escalating trade barriers and the means through which the Trump administration is motivating their use have the potential to severely weaken the rules-based trading system. Rather than blowing it up by simply withdrawing, the end result of the Trump administration's tactics may be that the World Trade Organization implodes from within.

Suggested Citation

  • Chad P. Bown, 2017. "Steel, Aluminum, Lumber, Solar: Trump's Stealth Trade Protection," Policy Briefs PB17-21, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb17-21
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    Cited by:

    1. repec:nbb:ecrart:y:2017:m:september:i:iii:p:7-34 is not listed on IDEAS
    2. N. Cordemans & C. Duprez & k. Kikkawa, 2018. "America’s new trade policy and its impact on the Belgian economy," Economic Review, National Bank of Belgium, issue iii, pages 7-34, september.
    3. Erin Hannah & James Scott & Rorden Wilkinson, 2018. "The WTO in Buenos Aires: The outcome and its significance for the future of the multilateral trading system," The World Economy, Wiley Blackwell, vol. 41(10), pages 2578-2598, October.
    4. Marcus Noland, 2018. "US Trade Policy in the Trump Administration," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 262-278, July.

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